Business

11th -

12thgrade

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Market Structures

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  • 1. Multiple Choice
    15 minutes
    1 pt

    List the four market structures in the order from least competitive to most competitive.

    Oligopoly, Monopoly, Perfect Competition, Monopolistic Competition

    Perfect Competition, Oligopoly, Monopoly, Monopolistic Competition

    Monopoly, Oligopoly, Monopolistic Competition, Perfect Competition

    Monopoly, Monopolistic Competition, Perfect Competition, Oligopoly

  • 2. Multiple Choice
    15 minutes
    1 pt
    Factors that make it difficult for new firms to enter a market are called
    Barriers to entry
    Factors of production
    Limited supply
    Monopolistic Outlook
  • 3. Multiple Choice
    15 minutes
    1 pt
    How many firms are there in a monopoly?
    1
    2-5
    Many
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